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Suppose you sell a fixed asset for $67,405 when its book value is $54,645. If your company's marginal tax rate is 25 percent, what will
Suppose you sell a fixed asset for $67,405 when its book value is $54,645. If your company's marginal tax rate is 25 percent, what will be the after-tax cash flow of this sale?
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Financial Accounting
Authors: David Spiceland, Wayne M. Thomas, Don Herrmann
5th edition
978-1259914898
